Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
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Indonesian Moratelindo to merge with Sinar Mas unit MyRepublic
2
Deals Digest: Stonepeak buys Allgas, FIM buys stake in Ala Kaifak, Barings backs ICG's Cura Day deal
3
Meesho to continue its focus on affordability over convenience, says founder
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Data Vantage: Pritzker buys stake in Tonik and other updates
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EDENA Capital bags $100m to scale tokenised securities in ID, Egypt
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Sinar Mas explores minority stake sale in MyRepublic Indonesia
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People Digest: Coller Capital opens Tokyo office; Shareholder nod for GoTo new CEO
Thailand
The airline has had acting CEOs since 2020.
Singapore
The bonds were part of a S$19b rescue package backed by Temasek.
Greater China
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Indonesia
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
India
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.
